The AICPA PFP Team encourages you as CPA financial planners to stay in front of your clients during these uncertain economic times. As a CPA, you are their trusted business and financial adviser and they look to you for your guidance. To ease this effort, we have put together resources to assist you in advising and communicating with your clients.

Archived Web Seminars (See Special Topics)

Advising Clients During Current Market Conditions

IRS Guidance on Ponzi Schemes

Moving from Defense to Offense

Ponzi Schemes, Bernard Madoff, and Beyond

Working Effectively Through Turbulent Times Series

Publications

Advising Clients in Tough Times

Clients are looking for guidance and reassurance to help them get through this tough economic period with as little downside as possible and to plan for their and their family's future. Be prepared to anticipate their questions and address their concerns with the help of this book. PFP Community members pay $31 (20% off of the already-reduced AICPA price). Your discount will automatically apply when you log in with your AICPA member user account.

AICPA Launches Economic Crisis Resource Center 
CPAs are increasingly being called upon by employers and clients – as well as family and friends – for help in navigating current and future financial challenges. To ensure CPAs have the essential information needed to serve as leaders at work, at home and in their communities, we have launched the Economic Crisis Resource Center. Learn more>>  

Prudent Practices for Investment Advisors

This handbook, technically reviewed and edited by the Fiduciary Task Force of the AICPA PFP Executive Committee, provides a framework for a disciplined investment process specific for investment advisors. Task force members included chair Clark Blackman II, CPA/PFS, Joel Framson CPA/PFS, Ken A. Dodson, CPA/PFS, Charles R. Kowal, JD, CPA, Michele L. Schaff, CPA/PFS, and Scott K. Sprinkle, CPA/PFS. A hard copy of this handbook was sent to section members in February, 2008. The electronic version can be accessed by clicking here. The AICPA’s participation in the development of the handbook was intended to promote and protect the interests of the consumer public and to perpetuate the delivery of competent and objective investment advice. Learn More>>

Client Credit Crisis Communication

During troubled times, clients turn to their CPAs for insights into how to avoid missteps and protect their businesses and investments. To help all of our members respond to their concerns, the AICPA Private Companies Practice Section (PCPS) has created this letter that practitioners can send or email to clients with advice on surviving the credit crisis. We encourage you to circulate it to clients to remind them that you are there to help them address the many challenges facing their businesses. Learn More>>

AICPA Issues Briefing: Bernard Madoff

The AICPA is providing guidance for members in how to address the needs of clients impacted by the scheme including federal tax implications, how to identify Ponzi schemes as well as options for recoupment of their losses through the Securities Investors Protection Corporation (SIPC). The SIPC mailed claim forms to creditors and clients of Madoff on which all claims are to be filed. Learn More>>

CPA Letter Daily

The AICPA's CPA Letter Daily is a summary of the most important business and professional news that can be delivered to your inbox every day.  The AICPA partnered with Smart Brief to assemble the range and quality of information each day that you can expect from AICPA. View an example of a recent newsletter featuring tips from CPA/PFS financial planners on safeguarding investments and savings. Learn More>>

Forefield Advisor (full access is a benefit of PFP community membership)

Click on the documents below to learn more:

          Overview of the Emergency Economic Stabilization Act of 2008

          Federal Protection for Deposit Accounts

Login to the PFP Center Website to access these and other additional resources from Forefield Advsior:

·   New Market volatility section

·   Explanation of government takeover of Fannie Mae and Freddie Mac – September 17, 2008

·   Help with Client Money Market Questions – September 26, 2008

·   New Act Provides Housing Relief – August 11, 2008

·   Consumer piece explaining how bank, credit union, and brokerage accounts are protected (also visit www.sipc.org)

And many more up to date articles and presentations to assist in communication with your clients.

AICPA Advanced PFP Conference

The 2009 Advanced PFP Conference in San Diego, CA was a huge success! The conference Web site is now complete with session materials and recordings. Access is complimentary to conference attendees and can be purchased by those who were unable to attend. Click here to access the site and input conference code FINANCE08. Click here to view a video filmed at the conference with PFP Executive Committee Chair, Dick Fohn, and PFS Credential Committee Chair, Bob Jazwinski in which they discuss PFP/PFS initiatives on the horizon.

360 Degrees to Financial Literacy

You may also direct your clients to the CPA profession’s complimentary Financial Literacy Web site for consumers, www.360financialliteracy.org. It offers tools and tips to help your clients make business and financial decisions.